1. “Keeping your money in your pocket, where it belongs.”

2. WCATF Background Established pursuant to s. 440.50, Florida Statutes. Provides for the payment of all expenses in respect to the administration of Chapter 440, Florida’s Workers’ Compensation Law. Expenses are primarily funded by an assessment on carrier premiums and premiums as calculated by the Department for self-insured employers.

3. WCATF Expenses Department of Financial Services, Division of Workers’ Compensation Payment of Permanent Total Supplemental Benefits to injured workers – s. 440.50(1)(a), F.S. Division of Administrative Hearings, Office of the Judges of Compensation Claims – s. 440.45(1)(a), F.S. Department of Education, Bureau of Rehabilitation and Reemployment Services for injured workers – s. 440.50(1)(a), F.S.

4. WCATF Expenses (continued) Division of Insurance Fraud, Bureau of Workers’ Compensation Fraud – s. 440.50(1)(a), F.S. Agency for Health Care Administration, Workers’ Compensation Managed Care Section Department of Business and Professional Regulation, Child Labor and Farm Labor enforcement programs First District Court of Appeals FTE/Operating Costs First District Court of Appeals Courthouse: Debt Service Transfer to DMS

5. WCATF Assessment Rate Calculation Amount of expenses in relation to the workers’ compensation insurance premium base. Expenses: Based upon anticipated expenses for the upcoming calendar year. Premium base: Employers’ payroll and workers’ compensation rates charged to employers. Statutorily capped at 2.75%. Required to notify carriers and self-insured employers, by July 1st of each year, of the assessment rate for the next calendar year. Becomes effective on January 1 and is included in the annual workers’ compensation insurance rate filing.

6. WCATF Schedule 1 Information REVENUE SOURCE FY 2009 - 2010 FY 2010-2011 FY 2011-2012 Fees and Assessments $28,597,624$29,420,922$37,391,200 Fines Forfeitures and Penalties $15,493,940$13,785,000$16,728,000 Interest Earned $3,696,920$2,500,000$1,750,000 Other Misc. Revenues $246,019$326,878$231,427 TOTAL$48,034,503$46,032,800$56,100,627 EXPENDITURES EXPENDITURES FY 2009 - 2010 FY 2010-2011 FY 2011-2012 Transfer to DBPR Child/Farm Labor $2,389,591$2,348,726$2,348,726 Transfer to DOE Reemployment $5,198,300$7,666,958$7,745,683 Transfer to Judges Compensation Claims $18,679,228$18,755,154$18,794,198 Dist. Supplemental WC Benefits $18,805,597$21,250,000$21,250,000 Transfer to DMS 1st DCA Courthouse/Debt Service $2,494,088$2,491,512$0 Transfer to 1st DCA Operating Costs $1,973,939$2,034,210$2,038,590 Transfer to ACHA $437,743$250,000$250,000 Transfer to Insurance Fraud $4,500,000$4,500,000$4,500,000 Transfer to DFS Administrative Trust Fund $6,583,305$7,583,184$7,608,228 Trust fund Sweep to General Revenue $5,000,000$0$0 Other Non-Operating Expenditures $4,834,681$4,127,955$4,905,568 Operating Expenditures $25,151,717$26,087,003$26,458,750 TOTAL$96,048,189$97,094,702$95,899,743 BALANCE SUMMARY FY 2009 - 2010 FY 2010-2011 FY 2011-2012 Beginning Balance July 1 $231,369,092$141,545,422$91,181,114 Plus Revenues $48,034,503$46,032,800$56,100,627 Less Expenditures ($96,048,189)($97,094,702)($95,899,743) Adjustments($41,809,984)$697,594$0 Ending Balance June 30 $141,545,422$91,181,114$51,381,998

7. WCATF Assessment Rate History

8. WCATF Balances and Assessment Rate History

9. THANK YOU Questions? 9